Milestone Payment definition
Examples of Milestone Payment in a sentence
Each Milestone Payment set forth in the table immediately below shall be payable only once.
In the event that a Milestone Payment Date shall not be a Business Day, then, notwithstanding any provision of this Agreement to the contrary, any payment required to be made in respect of the CVRs on such date need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the applicable Milestone Payment Date.
Payments of the fixed remuneration shall be made on a 'Milestone Payment Basis' and the following Clauses 26 and 27 shall be substituted for Clauses 26-27 inclusive, of Section 2.
CONTENTS OF BID DOCUMENTS 8.1 The Bid Documents will comprise the following documents and addenda issued in accordance with clause 10 below: Invitation for Bids Instruction to BiddersEligibility/Qualification Criteria Forms of BidProject Completion and Milestone Payment ScheduleGeneral Conditions of the Contract Technical SpecificationsBill of Quantities DrawingsForms of Agreement Indemnity Bond9.
The total NYSERDA award amount and the total project cost for all Tasks shall not exceed the amount identified in the Milestone Payment Table below.